XML 30 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities - continuing operations      
Net income (loss) $ 29,801 $ 47,908 $ 28,529
(Income) loss from discontinued operations   (802)  
Adjustments to reconcile net loss to cash provided by (used in) operating activities:      
Depreciation and amortization 4,724 3,927 1,747
Impairment related and other 970 1,182 5,021
Equity-based compensation 4,282 3,069 3,651
Equity loss 11,964 16,022 12,131
Other (income) loss (42,624) (74,147) (16,578)
Deferred income taxes (4,750) 791 (28,871)
Changes in assets and liabilities, net of effect of acquisitions:      
Accounts receivable, net (6,953) (6,530) (4,083)
Tax receivable 6,314 4,757 (10,627)
Prepaid expenses and other assets (52) (135) (71)
Accounts payable 122 421 (349)
Accrued expenses 2,320 (1,816) 142
Accrued compensation and benefits (3,727) 2,469 1,842
Deferred revenue 3,153 4,166 (1,472)
Other liabilities 700 (113) 9
Cash flows provided by (used in) operating activities 6,244 1,169 (8,979)
Investing Activities - continuing operations      
Capital expenditures, net (3,374) (4,168) (2,995)
Advanced deposits for acquisition of fixed assets (115) (30) 274
Change in restricted cash 68 (154) 172
Proceeds from sales of marketable securities   74,383 21,625
Proceeds from sales/distributions of ownership interests 54,116 1,878 2,607
Proceeds from other distributions 1,855    
Acquisitions of ownership interests and cost method investments (12,090) (2,786) (46,654)
Acquisitions by subsidiaries (2,215)    
Increase in cash due to consolidation of companies     2,807
Decrease in cash due to sale of subsidiary assets     (81)
Proceeds from sale of discontinued operations   670  
Cash flows provided by (used in) investing activities 38,245 69,793 (22,245)
Financing Activities - continuing operations      
Acquisition of noncontrolling interest in subsidiary equity (1,320) (49,658)  
Borrowings of long-term debt 238 21,062  
Long-term debt repayments and capital lease obligations, net (5,016) (2,575) (150)
Line of credit repayments     (115)
Purchase of treasury stock (8,588)   (2,702)
Payment of dividend by Procurian   (3,206)  
Tax withholdings related to equity-based awards (147) (1,777)  
Exercises of stock options at parent 151 1,894  
Debt commitment fee   (175)  
Other financing activities (24) (41) 32
Cash flows provided by (used in) financing activities (14,706) (34,476) (2,935)
Effect of exchange rates on cash (312) (151) 345
Discontinued Operations      
Cash flows provided by (used in) operating activities   633  
Cash flows provided by (used in) investing activities   (11)  
Cash flows provided by (used in) financing activities         
Net increase (decrease) in cash and cash equivalents from discontinued operations   622  
Net increase (decrease) in cash and cash equivalents 29,471 36,957 (33,814)
Cash and cash equivalents at beginning of period 92,438 55,481 89,295
Cash and cash equivalents at the end of period $ 121,909 $ 92,438 $ 55,481